Having your significant other sign a prenup can create a sticky situation during a time that otherwise should be joyful. This document can suck the romance out quickly, especially when one person doesn't agree with the terms. With one in three marriages ending in divorce, it is only natural that one would want to protect any assets that were acquired before marriage.
Honesty is always the best policy, especially when deciding your financial future with your spouse. It may seem like a touchy subject, but it helps to view this as a business arrangement. Be perfectly clear about your intentions, and explain why you need this prenup signed. Here are a few more tips to consider before discussing prenups:
- Hire an experienced family lawyer who has an extensive background in prenuptial agreements
- Make a list of ALL of your assets, and plan to disclose them
- Keep your prenup up to date, reviewing it every few years
- Adding an expiration date to the prenup can sometimes make it less awkward to discuss
- Assets include any professional certification you have obtained after the marriage takes place
There is a common misconception that only wealthy people need prenups. If you have invented something that hasn't come into fruition before the marriage takes place, then you absolutely need to protect that asset, and this is only a common example. It is not something that should be considered insulting, as you are only trying to protect yourself.
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